Tickers: XOTC:GPHBF, XTSX:GGG
Tags: Mining
March 8, 2018 / TheNewswire / Ronkonkoma, NY - Graphene 3D Lab Inc. (TSXV: GGG, OTCQB: GPHBF) ("Graphene 3D" or the "Company") is pleased to announce that the Company has completed its facility move to the new industrial facility at 760 Koehler Avenue, Ronkonkoma, State of New York. This new 8,000 sq. ft. facility is situated in a tech park near Long Island MacArthur Airport and is about 30 miles from the Company's former Calverton facility.
The new facility has ample office and R&D space as well as over 4,000 sq. ft. of production and warehouse space. It will be used to produce the full product line of Graphene Supermarket? and G6-EpoxyTM online marketplace. In addition, the Company will immediately commence commercialization of its recently developed technology related to heat management systems for cryptocurrency mining.
"I would like to thank our team for all the hard work during the relocation process. Further, we want to thank the State of New York for the $500,000 grant that will help us to be expand our horizons and execute our business plans efficiently in the new facility," says Elena Polyakova, CEO of Graphene 3D Lab. "We are committed to grow the Company and this facility will enable us to incubate, develop and commercialize more products in our portfolio. The company will provide shareholders a detailed report on expanded operations within a month."
Graphene 3D Lab, Inc. is capitalizing on groundbreaking properties of graphene and other advanced materials. The company is offering high-tech solutions in several areas including:
Blockchain and Cryptocurrency Mining: The Company is developing innovative hardware for harvesting the heat generated by the cryptocurrency mining computational hardware and converting it into heating and/or refrigeration solutions.
R&D Materials: These diverse materials have a wide spectrum of commercial, research, and military applications. The Company's wholly-owned subsidiary, Graphene Laboratories Inc., currently offers over 100 graphene and related products to a client list comprised of more than 14,000 customers worldwide, including nearly every Fortune 500 tech company and major research university. Some notable clients are: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung, Harvard University, IBM, and Stanford University. The Company's suite of products is available online at the company's e-commerce platform Graphene Supermarket (www.graphene-supermarket.com).
3D Printing: The 3D printing division of the Company offers a portfolio of 3D printable filaments. These materials can be purchased through multiple distribution networks worldwide or directly from the web-store BlackMagic3D.com .
High Performance Epoxies: Adhesive materials produced by the company are distributed under G6-EpoxyTM trade name and can be purchased at G6-Epoxy.com.
The Graphene 3D facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has eight US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com.
ON BEHALF OF THE BOARD: Daniel Stolyarov, President & Co-CEO
For More Information:
Commercial Inquiries: Daniel Stolyarov Co-Chief Executive Officer Telephone: (631) 405-5116 | Investor Inquiries: Ranjini Chakravorty Investor Relations Telephone: (647) 323-3361 Email: investors@graphene3Dlab.com |
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